This is read by an automated voice. Please report any issues or inconsistencies here. The U.S. economy will be hampered in the coming months by the Trump administration’s tariffs, which along with ...

U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association ...

Even if President Trump walks back some of his tariffs, an environment of higher inflation and higher unemployment has already been "baked into the cake," said Scott Anderson, BMO's chief U.S.

The Federal Reserve released new economic projections on June 18, forecasting higher inflation and slower economic growth than previously anticipated amid shifting trade, immigration, fiscal and ...

WASHINGTON (AP) — Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump’s tariffs on inflation, ...

In a recent interview, the University of Michigan professor cautioned that Americans could soon get "‘two bad tastes at the same time'—rising unemployment and rising inflation." Wolfers explained that ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain outlook ...

The U.S. economy will be hampered by the Trump administration's tariffs in the coming months, which along with interest rate cuts could lead to a "stagflation-lite" scenario of modestly elevated ...